1157 County Road 490, Princeton TX, 75407
(Active)
$425,000
|
|
MLS# 20551746
Last Updated: 5/2/2024 6:46 AM
Description for
1157 County Road 490
Princeton, TX 75407
Developer and Investor Special **THE VALUE IS IN THE LAND ** This 3.3-acre opportunity has incredible potential with direct access to CR 490 & US 380. The existing distressed home (1987 3 BR & 2 BA - 1650 sq ft) can be revitalized as a rental or demolished as part of a future development or strategic piece to a larger future development. This land lies within the Princeton ETJ location, but just outside the city limits with no known restrictions and the future land use is suburban and estate living. Don't miss out on this opportunity to capitalize on Princeton's thriving development. With easy access to HWY 380 and just minutes from shops, restaurants, schools, and Lake Lavon. Enjoy the best of both worlds: the tranquility of country living and the convenience of city amenities. Prime location, prime investment! Don't miss this chance to own a piece of the future. Distressed home with 3 BR & 2 BA and all other structures convey with the property; A new survey will be needed.
Price
$425,000
Murillo Addition
Collin
20551746
Active
Description
Developer and Investor Special **THE VALUE IS IN THE LAND ** This 3.3-acre opportunity has incredible potential with direct access to CR 490 & US 380. The existing distressed home (1987 3 BR & 2 BA - 1650 sq ft) can be revitalized as a rental or demolished as part of a future development or strategic piece to a larger future development. This land lies within the Princeton ETJ location, but just outside the city limits with no known restrictions and the future land use is suburban and estate living. Don't miss out on this opportunity to capitalize on Princeton's thriving development. With easy access to HWY 380 and just minutes from shops, restaurants, schools, and Lake Lavon. Enjoy the best of both worlds: the tranquility of country living and the convenience of city amenities. Prime location, prime investment! Don't miss this chance to own a piece of the future. Distressed home with 3 BR & 2 BA and all other structures convey with the property; A new survey will be needed.
Listing Information
| Property Type: Land, Other | ||
| 3.3 Acres | 1987 | |
Murillo Addition
Septic Tank
Electricity Available, Propane
Residential, Single Family, Vacant
Neighborhood
School Information
| District: Princeton ISD | ||
| Godwin | Clark | Princeton |
Room Information
Exterior / Lot Features
ETJ Princeton
Storage,
Cleared
Driving Directions
From McKinney, travel east on US 380 towards Princeton, turn right onto CR 457 Continue south on CR 457 about .2 mile and turn left on CR 456. Continue east on CR 456 for about a mile and turn right onto CR 490. Follow CR 490 south and property will be on the left. Or use GPS
Financial Considerations
| R664000001701 |
| $2,130 |
Cash, Conventional, VA Loan
Listing Price History
Princeton Real Estate
Princeton is located in Texas. Princeton, Texas 75407 has a population of 16,536.
The median household income in Princeton, Texas 75407 is $71,017. The median household income for the surrounding county is $101,845 compared to the national median of $66,222. The median age of people living in Princeton 75407 is 37 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/22/2024 | Active | $425,000 USD -4.49% |
|
| 3/5/2024 | Active | $445,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2022 | - USD | - | $377,328 USD | 15.74% |
| 2021 | - USD | - | $326,005 USD | 70.69% |
| 2020 | - USD | - | $190,997 USD | 95.39% |
| 2019 | $1,783 USD | 6.64% | $97,752 USD | - |
| 2018 | $1,672 USD | 9.36% | $97,752 USD | 21.00% |